Our Top 10 lifestyle costs

Our Top 10 lifestyle costs Six out of the top 10 categories relate to just two things. Can you guess what they are, and could you be cutting back? As a nation, Aussies aged 18 and over spent approximately $145 billion on lifestyle costs over a 12-month period, with the average spend per person around $7,800, according to research1. While clothing and footwear took out the number one spot by a country mile on the …

Australia slides into a “per capita recession”

Australia slides into a “per capita recession” Key points Australian growth slowed even more in the December quarter. Growth may bounce back a bit this year, but the housing downturn will likely constrain it to around 2- 2.5%.   As a result, unemployment is likely to drift up and wages growth and inflation remain lower for longer.   The RBA is on track to cut rates this year and the housing downturn will likely see …

The top 10 lifestyle costs draining Aussies of cash

The top 10 lifestyle costs draining Aussies of cash Six out of the top ten categories relate to just two things. Can you guess what they are, and could you be cutting back? As a nation, Australians aged 18 and over spent approximately $145 billion on lifestyle costs last year, with the average spend per person around $7,800, according to research by comparison site Mozo1. While clothing and footwear took out the number one spot …